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  • Profile photo of stpstp
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    @stp
    Join Date: 2012
    Post Count: 3
    April 13, 2012 - 2:15 am

    Unfortunately the property is in Dysart, with the mine closure announced this week it is unlikely to turn a profit.

    I am worried that the bank will decide to re-value it after settlement next week and call in their loan, this will cause me to go bankrupt and may affect my whole portfolio.

    Profile photo of stpstp
    Member
    @stp
    Join Date: 2012
    Post Count: 3
    April 12, 2012 - 11:36 pm

    Thanks Terry, I will review these articles.

    My solicitor is consulting over a date change in the contract that was not initialled…

    However I have discovered that he forgot to add the name of the Appointer in the trust document!

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